{"id":124864,"date":"2025-03-11T21:16:03","date_gmt":"2025-03-11T21:16:03","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=124864"},"modified":"2025-03-11T21:16:03","modified_gmt":"2025-03-11T21:16:03","slug":"cboe-seeks-to-add-staking-to-fidelitys-ether-etf","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=124864","title":{"rendered":"Cboe seeks to add staking to Fidelity\u2019s Ether ETF"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsSecurities exchange Cboe BZX is seeking permission from US regulators to incorporate staking into Fidelity\u2019s Ether exchange-traded fund (ETF), according to a March 11 filing.\u00a0<br \/>\nThe filing marks Cboe\u2019s latest attempt to support staking for the Ether (ETH) funds traded on its US exchange.\u00a0<br \/>\nCboe\u2019s proposed rule change would allow Fidelity Ethereum Fund (FETH) to \u201cstake, or cause to be staked, all or a portion of the Trust\u2019s ether through one or more trusted staking providers,\u201d the filing said.<br \/>\nThe Fidelity Ethereum Fund is among the most popular Ether ETFs, with nearly $1 billion in assets under management, according to data from VettaFi.\u00a0<br \/>\nIn February, Cboe asked permission to add staking to another Ether ETF, the 21Shares Core Ethereum ETF.<br \/>\nStaking Ether enhances returns and involves posting ETH as collateral with a validator in exchange for rewards.<br \/>\nAs of March 11, staking Ether yields approximately 3.3% APR, denominated in ETH, according to Staking Rewards.<br \/>\nOther popular cryptocurrencies, including Solana (SOL), also feature staking mechanisms.\u00a0<br \/>\nStaking rewards by asset type. Source: Staking RewardsRelated: SEC seeks comment on in-kind redemptions for Bitcoin, Ether ETFs<br \/>\nProposed rule changes<br \/>\nThe US Securities and Exchange Commission must still approve Cboe\u2019s proposed rule changes before staking can commence.<br \/>\nIn February, the SEC acknowledged more than a dozen exchange filings related to cryptocurrency ETFs, according to records.<br \/>\nThe SEC\u2019s acknowledgments highlight how the agency has softened its stance on crypto since US President Donald Trump started his second term on Jan. 20.\u00a0<br \/>\nIn addition to staking, the filings, submitted by Cboe and other exchanges, addressed proposed rule changes concerning options, in-kind redemptions and new types of altcoin funds.<br \/>\nCboe has also asked permission to list Canary and WisdomTree\u2019s proposed XRP (XRP) ETFs and support in-kind creations and redemptions for Fidelity\u2019s Bitcoin (BTC) and ETH ETFs, among other proposed changes.<br \/>\nMagazine: MegaETH launch could save Ethereum\u2026 but at what cost?<a href=\"https:\/\/cointelegraph.com\/news\/cboe-seeks-permission-staking-ether-fidelity-etf?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsSecurities exchange Cboe BZX is seeking permission from US regulators to incorporate staking into Fidelity\u2019s Ether exchange-traded fund (ETF), according to a March 11 filing.\u00a0 The filing marks&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/124864"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=124864"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/124864\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=124864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=124864"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=124864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}